76417 results returned for search: "" category "Business"
A double whammy from Hurricanes Fay and Gonzalo cost insurer BF&M more than $7 million.
But the firm still made a profit of close to $22 million last year, despite the massive payout.
BF&M CEO John Wight said: The financial effects of Hurricanes Fay ...
DATE: Apr 21, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
A group of six colleagues who have worked for East End Asphalt for a combined total of 110 years have been recognised for their long service.
The Hamilton Parish-based firm, which was established in 1968, specialises in paving and supplies mixed asph...
DATE: Apr 21, 2015
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CATEGORY:
Local Business
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A total of 20,216 shares worth $124,171 were traded on The Royal Gazette/BSX Index.
Bank of Butterfield saw 12,148 shares sell, leaving its price unchanged at $1.97.
Insurance firm BF&M rose 25 cents (1.4 per cent) to $18 after 5,000 of its shares mo...
DATE: Apr 21, 2015
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CATEGORY:
Bermuda Stock Exchange
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The Bank of Butterfield has been named Bermuda’s best bank by a prestige US financial magazine.
Global Finance picked Butterfield for the 2015 honour as part of its world’s best developed market awards.
Butterfield chairman and CEO Brendan McDonagh s...
DATE: Apr 21, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
A security firm has opened the door to new business.
For Bermuda Security Group (BSG) has bought the electric door division of AlumiGlas Commercial Glass and Aluminum.
BSG chairman and president Herman Tucker said: “We are thrilled to strengthen our ...
DATE: Apr 20, 2015
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
The Royal Gazette/BSX Index climbed 0.1 per cent in a week that shares of Bermuda Aviation Services Ltd gained almost 10 per cent.
The index climbed 1.59 points to close the week on 1,354.64.
BAS added 29 cents, or 9.6 per cent, on the trading of 100...
DATE: Apr 20, 2015
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CATEGORY:
Bermuda Stock Exchange
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NEW YORK (Bloomberg) — American International Group named Douglas Steenland as the insurer’s seventh chairman since 2005, replacing Steve Miller who oversaw the promotion of Peter Hancock to chief executive officer last year.
Steenland, the former CE...
DATE: Apr 20, 2015
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CATEGORY:
Reinsurance
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Reinsurance broker and risk adviser TigerRisk Partners has hired former Willis Capital markets chief executive officer Tony Ursano as its new president.
With more than 28 years as an investment banker focused on the insurance industry, Mr Ursano has ...
DATE: Apr 20, 2015
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CATEGORY:
Reinsurance
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Global insurer Ace has appointed Bermudian Rees Fletcher as chairman of its Island arm.
Mr Fletcher’s new role is one of three promotions at the firm, with Joseph Clabby, who previously worked for Ace in Europe, stepping up to Mr Fletcher’s previous ...
DATE: Apr 20, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
There were no trades on the Bermuda Stock Exchange today.
The The Royal Gazette/BSX Index closed unchanged at 1,354.64.
The BSX Insurance Index ended the day 8.14 points (0.51 per cent) up at 1,597.34.
DATE: Apr 20, 2015
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CATEGORY:
Bermuda Stock Exchange
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